Arizona State Retirement System Has $889,000 Stock Holdings in EPR Properties (NYSE:EPR)

Arizona State Retirement System lifted its holdings in shares of EPR Properties (NYSE:EPR) by 2.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 21,187 shares of the real estate investment trust’s stock after buying an additional 485 shares during the period. Arizona State Retirement System’s holdings in EPR Properties were worth $889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EPR. Vermillion & White Wealth Management Group LLC acquired a new position in EPR Properties during the fourth quarter worth $25,000. GAMMA Investing LLC increased its holdings in shares of EPR Properties by 262.2% during the 2nd quarter. GAMMA Investing LLC now owns 594 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 430 shares during the last quarter. Principal Securities Inc. bought a new position in shares of EPR Properties in the 4th quarter valued at approximately $31,000. Mather Group LLC. acquired a new stake in EPR Properties in the 1st quarter worth approximately $36,000. Finally, Abich Financial Wealth Management LLC boosted its position in EPR Properties by 53.7% during the first quarter. Abich Financial Wealth Management LLC now owns 902 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 315 shares during the period. Institutional investors own 74.66% of the company’s stock.

EPR Properties Stock Up 2.2 %

EPR opened at $48.73 on Friday. EPR Properties has a twelve month low of $39.65 and a twelve month high of $49.10. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 24.01 and a beta of 1.75. The firm’s 50-day simple moving average is $45.31 and its 200-day simple moving average is $42.72. The company has a debt-to-equity ratio of 1.16, a quick ratio of 11.12 and a current ratio of 11.12.

EPR Properties Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be issued a $0.285 dividend. This represents a $3.42 annualized dividend and a dividend yield of 7.02%. The ex-dividend date is Monday, September 30th. EPR Properties’s payout ratio is currently 168.47%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on EPR. Royal Bank of Canada upgraded shares of EPR Properties from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $48.00 to $50.00 in a research note on Monday, August 5th. Bank of America lowered EPR Properties from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $45.00 to $40.00 in a report on Monday, May 20th. Stifel Nicolaus boosted their target price on shares of EPR Properties from $42.50 to $47.50 and gave the stock a “hold” rating in a research report on Thursday, August 1st. JMP Securities restated a “market perform” rating on shares of EPR Properties in a research report on Friday, June 14th. Finally, JPMorgan Chase & Co. upped their price objective on shares of EPR Properties from $48.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, September 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $48.06.

Insider Transactions at EPR Properties

In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the business’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total value of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at $253,279.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other EPR Properties news, SVP Gwendolyn Mary Johnson sold 592 shares of the company’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $43.82, for a total transaction of $25,941.44. Following the transaction, the senior vice president now owns 5,780 shares of the company’s stock, valued at approximately $253,279.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Tonya L. Mater sold 1,000 shares of EPR Properties stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $46.00, for a total value of $46,000.00. Following the completion of the sale, the chief accounting officer now directly owns 42,710 shares of the company’s stock, valued at $1,964,660. The disclosure for this sale can be found here. 2.13% of the stock is owned by company insiders.

About EPR Properties

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.